PTGX
Company Description
Protagonist Therapeutics, Inc. is a biopharmaceutical firm dedicated to discovering and advancing peptide-based therapies. Their research primarily focuses on treatments for hematological and blood conditions, as well as inflammatory and immune-mediated disorders. The company's pipeline features rusfertide (PTG-300), an injectable hepcidin mimetic currently undergoing Phase II clinical trials for the management of polycythemia vera, hereditary hemochromatosis, and other blood-related ailments. Also in Phase II development is PN-943, an oral peptide engineered as a specific antagonist of alpha-4-beta-7 integrin, intended for addressing inflammatory bowel disease (IBD). Furthermore, they are progressing PN-235, an orally administered antagonist specifically targeting the interleukin-23 receptor, designed for both IBD and various non-IBD therapeutic applications. Protagonist Therapeutics maintains a licensing and collaborative agreement with Janssen Biotech, Inc. Founded in 2006, the company's headquarters are located in Newark, California.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46.02M | 434.43M | 60.00M | 26.58M | 27.36M | 28.63M | 231,000 | 30.93M | 20.06M | 0 | 0 | 0 |
| Net Income | (130.15M) | 275.19M | (78.95M) | (127.39M) | (125.55M) | (66.15M) | (77.19M) | (38.92M) | (36.96M) | (37.18M) | (14.86M) | (11.07M) |
| EPS | -2.05 | 4.47 | -1.39 | -2.52 | -2.65 | -1.92 | -2.98 | -1.74 | -2.09 | -5.72 | -2.52 | -1.88 |
| Free Cash Flow | 56.08M | 182.80M | (70.84M) | (108.93M) | (108.97M) | (72.95M) | (42.49M) | (50.43M) | 3.21M | (30.35M) | (14.78M) | (8.04M) |
| FCF / Share | 0.88 | 2.97 | -1.25 | -2.22 | -2.35 | -2.12 | -1.64 | -2.26 | 0.18 | -4.67 | -2.51 | -1.37 |
| Operating CF | 57.67M | 184.15M | (70.24M) | (108.14M) | (107.86M) | (72.48M) | (41.53M) | (49.95M) | 3.87M | (29.97M) | (14.38M) | (7.74M) |
| Total Assets | 669.89M | 744.73M | 357.95M | 247.93M | 347.69M | 324.47M | 154.92M | 139.47M | 163.73M | 93.99M | 14.85M | 10.33M |
| Total Debt | 10.32M | 10.87M | 1.14M | 3.66M | 5.86M | 5.96M | 17.01M | 0 | 0 | 0 | 0 | 0 |
| Cash & Equiv | 128.39M | 97.25M | 186.73M | 125.74M | 123.67M | 117.36M | 33.01M | 82.23M | 106.03M | 21.08M | 4.05M | 9.32M |
| Book Value | 614.71M | 675.29M | 336.68M | 215.61M | 300.02M | 279.61M | 79.96M | (140.47M) | (101.55M) | (64.59M) | 9.60M | 7.96M |
| Return on Equity | -0.21 | 0.41 | -0.23 | -0.59 | -0.42 | -0.24 | -0.97 | N/A | N/A | N/A | -1.55 | -1.39 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 56.37M | 7.44M | 4.71M | 5.55M | 28.32M | 170.64M | 4.67M | 4.17M | 254.95M | 60.00M | 0 | 0 |
| Net Income | 3.78M | (44.38M) | (39.34M) | (34.77M) | (11.65M) | 131.67M | (33.21M) | (30.62M) | 207.34M | 27.34M | (34.10M) | (38.46M) |
| EPS | 0.06 | -0.69 | -0.62 | -0.55 | -0.19 | 2.11 | -0.54 | -0.50 | 3.41 | 0.45 | -0.58 | -0.68 |
| Free Cash Flow | (49.16M) | (35.53M) | (2.02M) | (29.59M) | 124.82M | (29.49M) | (28.64M) | 268.59M | (27.67M) | 16.94M | (27.02M) | (26.41M) |
| FCF / Share | -0.76 | -0.56 | -0.03 | -0.47 | 1.98 | -0.47 | -0.46 | 4.38 | -0.45 | 0.28 | -0.46 | -0.47 |
| Operating CF | (48.94M) | (36.98M) | (1.94M) | (28.78M) | 125.36M | (29.18M) | (27.86M) | 268.62M | (27.43M) | 16.96M | (26.61M) | (26.24M) |
| Total Assets | 697.46M | 669.89M | 701.69M | 718.01M | 742.13M | 744.73M | 603.86M | 614.63M | 629.28M | 357.95M | 330.02M | 320.47M |
| Total Debt | 9.78M | 10.32M | 10.75M | 11.28M | 11.36M | 10.87M | 10.90M | 10.97M | 462,000 | 1.14M | 1.80M | 2.45M |
| Cash & Equiv | 193.71M | 128.39M | 113.71M | 168.54M | 139.65M | 97.25M | 131.12M | 355.64M | 172.57M | 186.73M | 230.53M | 235.38M |
| Book Value | 655.47M | 614.71M | 645.44M | 668.02M | 689.05M | 675.29M | 531.91M | 541.32M | 560.44M | 336.68M | 302.15M | 294.07M |
| Return on Equity | 0.01 | -0.07 | -0.06 | -0.05 | -0.02 | 0.19 | -0.06 | -0.06 | 0.37 | 0.08 | -0.11 | -0.13 |